Tag: Consumer Price Index
Govt set to release new inflation data today to capture how India spends| Business News
India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve…
India’s inflation revamp may give Reserve Bank a reason to stay on hold
India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…
India to revise base year for CPI, GDP, industrial output data every 3-5 years, official says
NEW DELHI: India plans to revise the base year of key economic indicators, including consumer price index, gross domestic product and industrial output, every three…
Base year revision aimed at sharper data, AI adoption: MoSPI Secretary Garg
New Delhi: The revision of base years for key economic indicators such as GDP, Consumer Price Index (CPI) inflation and the Index of Industrial Production…
Food weight to decline to 36.75% in new CPI series
New Delhi: Food and beverages will account for 36.75% weight in the new Consumer Price Index (CPI) series, down from the current 45.86%, reflecting changing…
Kerala reports strong economic growth, rising debt levels
Thiruvananthapuram: Kerala’s economy showed robust growth in 2024-25, but rising public debt remains a key challenge, according to the Economic Review tabled in the state…
Goodbye VCRs, hello OTT: India’s inflation basket prepares for a reset
India’s inflation gauge is preparing for an overahul, shedding relics of the past as most Indians have made smartphones, streaming and app-based services a part…
Retail inflation remains muted at 1.3% in December| Business News
NEW DELHI: India’s benchmark inflation rate stayed on the lower side of RBI’s target band of 4% plus or minus 2% for the fourth consecutive month in…
India inflation likely to remain low in 2026, new CPI series on anvil
New Delhi: India is preparing to rejig methodology for computing CPI and revamp monetary policy mandate for targeting retail inflation in 2026 after a year…
MoSPI speeds up data releases, launches new website, revamps surveys
New Delhi: India’s official statistical system is undergoing a major overhaul, with the Ministry of Statistics and Programme Implementation (MoSPI) introducing faster data releases, new…